The alphabet market is the fourth most valuable company in the world by capitalization, but an analyst says it is actually based on AI strength for the first time.
Go ahead, Nvidia. An analyst says that the original company in the world is the original company of Google, the alphabet.
Research publisher is written in a note received by Moffettnathanson Bloomberg On Thursday, however, the alphabet is not the world’s largest company from market value, it is running for “the most valuable company in the world” based on AI strength.
The alphabet’s “market leadership, diversification and combination of scale” makes the company “not only a winner” in the Jeanai era, but “a company that should be considered right for the title of the most valuable company in the world,” Mofetanathansan founder and media analyst Michael Nathonson wrote in the note.
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The overall business of the alphabet is booming, thanks to AI. According to the company Second quarter earningsReported at the end of July, the revenue with development in the company rose 14% year-on-year to $ 96.4 billion.
The report said, “We are pioneers on the border of AI and are shipping at an incredible speed.” “AI positively affects every part of the business, running a strong speed.”
The alphabet and the CEO of Google Beautiful Pichai. Photographer: Jim Lo Schlozo/EPA/Bloomberg via Getty Image
Earlier this month, Alphabet became the fourth company in the world to receive a $ 3 trillion market captilation, which joined NVIDIA, Microsoft and Apple at the $ 3 trillion club. Market capitalization Multiply the number of shares of the company by its stock price assesses the total value of a company. The alphabet achieved milestones for more than two decades after Google First became public in 2004.
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At the time of writing, the market capitalization of the alphabet was reduced $ 2.97 trillionIt is the fourth most valuable company in the world by that metric. The market value of Nvidia was the highest $ 4.3 trillionThe following with the capitalization of the market with Microsoft and Apple $ 3.79 trillion And $ 3.74 trillionRespectively.
The alphabet stock has exceeded 70% this year $ 1.8 trillion In April. In the last one month, the shares of the alphabet have increased by more than 17%.
Nathansan wrote in the note that Google AI is leading the discovery. Google has a global market share in overall search About 89% for the past year. Last February, the company introduced the AI overview, or the AI summs of search results, which is embedded at the top of the discovery, which has since reached Two billion monthly users,
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“Google Genai is to defeat in search,” Nathanson wrote in the note.
Go ahead, Nvidia. An analyst says that the original company in the world is the original company of Google, the alphabet.
Research publisher is written in a note received by Moffettnathanson Bloomberg On Thursday, however, the alphabet is not the world’s largest company from market value, it is running for “the most valuable company in the world” based on AI strength.
The alphabet’s “market leadership, diversification and combination of scale” makes the company “not only a winner” in the Jeanai era, but “a company that should be considered right for the title of the most valuable company in the world,” Mofetanathansan founder and media analyst Michael Nathonson wrote in the note.
